Match the concept according to their definition Prompts Submitted Answers Break-even point Choose a match Payback period The measure of the effectiveness of an investment of capital. Rate of return The potential benefits/gains when an alternative is chosen Opportunity cost The quantity of production at which income is equal to total costs. Bottoms-up approach The time required for an initial investment to be recovered, neglecting the time value of money.

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
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it is the same choices for the rest, pls help me thanks

Match the concept according to their definition
Prompts
Submitted Answers
Break-even point
Choose a match
Payback period
The measure of the effectiveness of an investment
of capital.
Rate of return
The potential benefits/gains when an alternative is
chosen
Opportunity cost
The quantity of production at which income is
Bottoms-up approach
equal to total costs.
The time required for an initial investment to be
recovered, neglecting the time value of money.
Question 6
The pricing of product based on its components
and production method
From the graph provided one can surmise that the number of time:
Transcribed Image Text:Match the concept according to their definition Prompts Submitted Answers Break-even point Choose a match Payback period The measure of the effectiveness of an investment of capital. Rate of return The potential benefits/gains when an alternative is chosen Opportunity cost The quantity of production at which income is Bottoms-up approach equal to total costs. The time required for an initial investment to be recovered, neglecting the time value of money. Question 6 The pricing of product based on its components and production method From the graph provided one can surmise that the number of time:
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